| Bharti Tele-Ventures was incorporated on July
7, 1995 as a company with limited liability under the Companies
Act, for promoting telecommunications services. Bharti
Tele-Ventures received certificate for commencement of business
on January 18, 1996. The Company was initially formed as a
wholly-owned subsidiary of Bharti Telecom Limited. The
chronology of events since Bharti Tele-Ventures was incorporated
in 1995 is as follows:
Calendar year & Events
1995
- Bharti Cellular launched cellular
services'AirTel'in Delhi
1996
- STET International Netherlands NV, or STET,
a company promoted by Telecom Italia, Italy acquired a 20%
equity interest in Bharti Tele-Ventures
- Bharti Telenet launched cellular services
in Himachal Pradesh
1997
- British Telecom acquired a 21.05% equity
interest in Bharti Cellular
- Bharti Telenet obtained a license for
providing fixed-line services in Madhya Pradesh circle
- Bharti Telecom and British Telecom formed a
51% : 49% joint venture, Bharti BT, for providing VSAT services
1998
- Bharti Telecom and British Telecom formed a
51% : 49% joint venture, Bharti BT Internet for providing
Internet services
- First Indian private fixed-line services
launched in Indore in the Madhya Pradesh circle on June 4, 1998
by Bharti Telenet thereby ending fixed-line services monopoly of
DoT (now BSNL)
1999
- Warburg Pincus (through its investment
company Brentwood Investment Holdings Limited) acquired a 19.05%
equity interest in Bharti Tele-Ventures
- Bharti Tele-Ventures (by acquiring a 63.45%
equity interest in SC Cellular Holdings) acquired an effective
32.36% equity interest in Bharti Mobile (formerly JT Mobiles),
the cellular services provider in Karnataka and Andhra Pradesh
circles
- New York Life Insurance Fund, or NYLIF,
acquired a 3% equity interest in Bharti Cellular
2000
- Bharti Tele-Ventures acquired an effective
equity interest of 40.5% in Bharti Mobinet (formerly Skycell
Communications), the cellular services provider in Chennai
- Bharti Tele-Ventures acquired a 30.2%
equity interest of Telecom Italia in Bharti Telenet and 18.8%
from Bharti Telecom thereby making Bharti Telenet a 100%
subsidiary of Bharti Tele-Ventures
- SingTel (through its investment company
Pastel Limited) acquired STET's 15.3% equity interest in Bharti
Tele-Ventures
- Bharti Tele-Ventures acquired an additional
effective 41.64% equity interest in Bharti Mobile (by acquiring
the remaining 36.55% equity interest in SC Cellular) resulting
in Bharti Tele-Ventures holding an effective 74% equity interest
in Bharti Mobile.
2001
- Bharti Tele-Ventures acquired NYLIF's 3%
equity interest in Bharti Cellular
- Bharti Telesonic entered into a joint
venture, Bharti Aquanet, with SingTel for establishing a
submarine cable landing station at Chennai
- Bharti Tele-Ventures issued additional
equity for approximately US$ 481.30 million to SingTel, Warburg
Pincus, AIF group, IFC, NYLIF, and Seejay Cellular and Bharti
Telecom
- Bharti Cellular acquired a 100% equity
interest in Bharti Mobitel (formerly Spice Cell ), the cellular
services provider in Kolkata
- Bharti Tele-Ventures acquired 85% and 15%
in Bharti Telespatial from Bharti Telecom and Intel,
respectively
- Bharti Tele-Ventures acquired a 44% equity
interest in Bharti Cellular from British Telecom, thereby making
Bharti Cellular its 100% subsidiary
- Bharti Tele-Ventures acquired an additional
49% equity interest in Bharti Mobinet from Millicom
International and BellSouth International, thereby owning 89.5%
equity interest in Bharti Mobinet, which was further increased
to 95.3% following an issuance of additional equity shares by
way of rights issue
- Punjab license restored to Bharti Mobile by
the DoT and migration to NTP - 1999 accepted
- Bharti Cellular entered into license
agreements to provide cellular services in eight new circles
following the fourth operator cellular license bidding process
- Bharti Telenet entered into license
agreements to provide fixed-line services in the Haryana, Delhi,
Tamil Nadu and Karnataka circles
- Bharti Telesonic entered into a license
agreement with the DoT to provide national long distance
services across India
- Bharti Aquanet, Bharti Telesonic and Bharti
Cellular entered into license agreements with the DoT to provide
ISP services in India
- Bharti Telesonic launched national long
distance services under the brand name of "IndiaOne"
- Bharti Telenet launched fixed line services
in Haryana under the brand name of "TouchTel".
2002
- Comes out with issue of 18.53 crore equity
shares through book building route with a floor price of Rs 45
per share, received bid for 18.55 crore shares. Through the
issue, it becomes the first company in India to come out with
100% book building issue
-Issue price fixed at Rs 45 per share, floor
price fixed by the company. Raises Rs 834 crore
-Shares listed on BSE, NSE and DSE, opens at
11% premium to its issue price of Rs 45
-Enters into a 5-year agreement with Escotel
and ETL of the Escorts group to contract leased line
connectivity for its cellular operations
-Mr. Ravi Akhoury ceases to be Director of
Bharti Tele
-DoT grants ILD Telephony License to Bharti
Telesonic, subsidiary of the company
-Signs MoU with Telia AB to buy out their 26%
stake in Bharti Mobile
-Ties up with SSC (Secondary School
Certification) Board, Hyderabad, where Bharti will announce SSC
results to its customers on their mobile phones
-ICICI Bank ties up with Bharti for pre-paid
mobile cards via ATMs
-Bharti forays into Mumbai with offers
-Alpine International Ltd. and ELM
International Ltd. acquire shares of Bharti Tele-Ventures
-Sunil Mittal, Chairman & Managing Director
of the company, bags Businessman of the year award by Business
India
2003
-Airtel breaks interconnectivity with Tata
Teleservices in Andhra Pradesh Circle
-Company accorded its approval for
amalgamation of its subsidiary companies viz: Bharti Telenet
Ltd, Bharti Telesonic Ltd, Bharti Broadband Networks Ltd and
Bharti Comtel Ltd through scheme of Amalgamation. The merged
entity would be renamed as "Bharti Infotel Ltd"
-Air Tel launches Local direct dialling
facility in Chennai circle
-Mobilises $315 m long term foreign currency
borrowings for expansion of cellular operations
-Bharti Cellular unveils CareTouch service
-Bharti Group's cellular brand Airtel has
unveiled free multimedia messaging services (MMS) for its
customers. The company has also rolled out pan-India GPRS
(General Packet Radio Services) for its corporate subscribers
-Launches its `IndiaOne MeetXpress'
audio-conferencing service
-Punjab, Haryana get free incoming calls from
Airtel
-AirTel provides SMS facilities to hearing
impaired in Chennai
-Goa, Maharashtra gets 'voice portal'
services by Bharti Cellular
-Launches free additional connection to its
new subscribers in New Delhi
-Mr Sin Hang Boon and Mr Wong Hung Khim have
resigned from the Board of Directors of Bharti Tele Ventures Ltd
with effect from February 27, 2003.
-Airtel provides SMS cricket updates
-Bharti Mobinet Ltd, the Bharti group company
that provides the AirTel mobile service in Chennai, today
launched its GPRS (General Packet Radio Service) network and an
MMS (multi-media messaging) on the GPRS platform
-AirTel unveils new ring tones for karnataka
cellular market
-AirTel Subscribers exceed 3 million mark
-AirTel unveils RAD system
-Mr P M Sinha resigns from the Board of
Directors of the Company with effect from March 31, 2003.
-Bharti TeleVentures announces the completion
of merger with Bharti Mobitel
-Bharti Mobitel Ltd. merged with Bharti
Cellular Ltd.
-AirTel reintroduces 'Mobile 2 Mobile' offer
for Karnataka customers
-AirTel, Touchtel jointly offer freeTouchtel
land line for post-paid Airtel connection
-AirTel rolls out voice mail service for
pre-paid customers
-AirTel unveils new scheme for pre-paid
customers giving away free talk time worth Rs 10 crore
-Airtel surpasses 4 lakh subscriber base in
Karnataka
-Bharti announces new tariff plan AirTel 012
-Offers 0-1-2, a new cellular package for the
customers, which means zero charges on incoming calls, Re 1 on
mobile-to-mobile outgoing calls, Rs 2 on mobile-to-mobile STD
calls
-Rolls out Airtel messenger service
-AirTel offers bundled handset, connection
package for Rs 5715
-Airtel slashes SMS rates to 60 paise;
excludes Delhi and Mumbai
-Bharti cellular, wholly owned subsidiary of
Bharti Tele-Ventures, increases its stake to 100% in Bharti
Mobile
-Iinks distribution pact with Hathway Cable.
With this alliance, Bharti is said to be the first telecom firm
to step into television distribution services
-Six cell operators move over from Bharti to
VSNL
-Airtel augments cellular coverage in TN by
including Arcot & Walajapet in its network
-Airtel ties up with Coke in Chennai to sell
its Magic prepaid cards
-AirTel embarks on network expansion in
Hyderabad
-Airtel unveils IndiaOne Long Distance
Calling Card
-AirTel introduces unified tariff package in
TN, Chennai
-Airtel becomes front runner in Karnataka's
mobile services market
-Bharti Tele launches 'Always on' service to
its subscribers
-SBI, AirTel announce EMI offer at Rs 299
-Bharti and MTV join hands to launch new SIM
card
-AirTel unveils new post-paid scheme at zero
rental
-AirTel launches `Happy Plan' in AP
-Airtel emerges as the highest selling
pre-paid card
-Airtel join hands with Alcatel & Videocon to
launch new scheme
-AirTel service provider touches 5 lakh
customers in Punjab
-Airtel offers 5 new services for its
customers in Mumbai
-Bharti launches first dual band network in
Delhi
-Gets 14th place among top 25 Cos in India
-Bharti Mobile crosses 4 lakh mobile
subscribers in AP
-Airtel holds top position in terms of dealer
penetration
-Prof. V S Raju has been inducted on the
Board of Directors of the Company.
-Touchtel launches SMS service in fixed line
phones in Karnal, Panipat
-AitTel unveils special offers in Kerala
-AirTel launches InnoWest for the western
region
-Bharti Tele-Ventures enters into an
agreement with Telesystem (Mauritius) Pvt. Ltd
-Airtel slashes out going sms price to 30ps
- AirTel on December 16, 2003 announced the
launch of expense tracker service, which provides customers the
option of tracking their day-to-day expenses on a daily or
monthly basis. To avail of this service, the customer should
register himself by sending EXP REG Your mail ID{gt} to 3020.
This service will allow a user to track expenses, while on the
move by sending an SMS. Each SMS sent to 3020 would cost Rs 3.
-AirTel introduces MTV Club Card in Chennai
2004
-Bharti unveils new card for Mecca piligrims
-AirTel enrolls 50,000 customers in its
mobile service in 60 days
-Launches WAP enabled portal Service in
Kerala
- Bharti Cellular's AirTel has extended its
mobile connectivity to Karaikkal, Nagur, Mannargudi and
Kovilpalayam in Tamil Nadu circle.
-Airtel customer base touches new high of 5
lakh mark in Andhra Pradesh
- Mobile service provider AirTel is launching
its first ever MMS (Multi Media service) downloads in Tamil. The
launch of this service has been timed to coincide with Pongal.
-AirTel tie up with MAA TV
-Airtel launches Rs 50 pre-paids recharge
-AirTel launched a family pack for its
post-paid customers in Chennai on January 29. According to a
press release, the family pack may have a maximum of 10 members
spread across the country. The combined basic plan fixed
charges/rental of all family members in the pack will have to be
equal to Rs 450 but less than Rs 1000 for the family 450 pack
and above Rs 1000 for the family 1000 pack. The offerings under
family pack 450 include 15 free mobile to mobile STD minutes
within the family, 50 free local calling minutes to each family
member, calls within the family in same circle at 50 paise per
minute, 25 free local SMS and one subscription alert service
free for 3 months.
-Bharti Tele-Ventures enters into a three
year service agreement with Ericsson
-Bharti Tele-Ventures (BTVL) has signed and
received unified access service licence to provide GSM services
in five circles including Uttar Pradesh (East), West Bengal &
Andaman Nicobar, Orissa, Bihar and Jammu & Kashmir. The licence
has been granted to Bharti Cellular Ltd (BCL), the cellular arm
and subsidiary of BTVL.
-Airtel announces the signing of the
first-ever bilateral roaming agreement between an Indian mobile
service provider and its counterpart in Pakistan. This facility
will be available to pre-paid as well as post-paid customers.
AirTel's roaming agreement is with Mobilink, the only GSM
cellular service provider in Pakistan
-Acquires switching systems from Tekelec that
will give a technological edge to the company
-Bharti Tele-Ventures Ltd signed an
information technology outsourcing deal with infotech major IBM,
estimated to be in the range of $700-750 million for a ten-year
period.
-Jayant Khosla, new chief executive officer,
Mumbai
-Signs MoU to join the South East Asia -
Middle East - Western Europe 4 (SEA-ME-WE-4) consortium along
with 15 other global telecom operators.
-Bharti Tele-Ventures has struck a deal with
Shyam Telecom to buy out the latter's 67.5 per cent stake in
cellular services company Hexacom for Rs 430 crore.
-Bharti Tele garners $100 m via FCCBs
- Samsung India Electronics Limited has tied
up with cellular operator Bharti for bundling its mobile
handsets with a connection.
-The Bharti group finalised a Rs 500-crore
deal to share its national long-distance (STD) network with VSNL
in a first-of-its-kind accord between two top telecom service
providers in a bid to optimise capacities in the NLD segment.
- Internet gateway and services provider,
Videsh Sanchar Nigam Ltd. (VSNL) has signed a Right to Use (RoU)
agreement to deploy mobile telephony major, Bharti
Tele-Ventures' existing National Long Distance (NLD) backbone.
-Airtel offers talktime transfer service
-Airtel has announced money-back guarantee
offer in case of call drop or poor network experience for its
subscribers
-Bharti launches 2-in-1 card
-- Airtel launched two-way international
roaming and GPRS for prepaid customers in the Maharshtra and Goa
circles
-India's leading cellular company Bharti
Tele-Ventures has bagged the "Asian MobileNews operator of the
year" award in India and the subcontinent
-Bharti Tele-Ventures Ltd has awarded a $15
million equipment contract to Swedish telecoms company Ericsson
-Bharti Televentures announced formation of a
new "strategic business unit" to offer various telecom and IT
services through a single contact
-Bharti Televentures unveiled a mobile portal
featuring sports, entertainment and news among others
-Airtel ties up with Micro Tech to set up 'Mcops'
vehicle security system
-Bharti Tele-Venture on July 19 launched ring
back tone service which is a personalized mobile music service
where the caller hears songs and other sound clips instead of
the traditional switchboard "ring-ring" tone
-Airtel, a private telecom services provider,
has commissioned its first 24x7 customer service centre in
Andhra Pradesh
-Airtel unveils Rs 199 pre paid card
-AirTel join hands with NMIMS to offer
executive MBA programme
-AirTel introduces new scheme for hearing
impaired in Maharashtra & Goa
-AirTel inks pact with JP Mobile
- Rolls out Enhanced Data Rate for Global
Evolution (EDGE) network in Pune on September 9, 2004, Ties up
with Nokia for sale of Nokia 6230, an EDGE-enabled handset.
-AirTel unveils first virtual calling cards
in India
-BTVL rolls out EDGE services in Bangalore
-Airtel rolls out Full Talktime Advantage
card
-Airtel rolls out wi-fi services in Mumbai
-BTVL launches new 'Airtel Broadband Friendly
Offer'
-Airtel launches GPRS services for pre-paid
customers
-Airtel partners with ITPO to set up Wi-Fi
network in Delhi
-Airtel launches EDGE services and a new
pre-paid plan for Chennai
-Airtel introduces LAS in Karnataka
2005
-Airtel launches video services for its GPRS
customers on February 22, 2005
-Airtel unveils new TV ad featuring Sachin,
Sharukh
-Bharti Tele-Ventures launches telecom
network in Andaman & Nicobar
-BTVL unveil fixed line, broadband services
-Bharti inks $125-m deal with Nokia for rural
network expansion
-Bharti Tele Ventures Ltd has announced that
Airtel, ICICI Bank & VISA have joined hands to launch mChq - a
revolutionary new service - a credit card on the mobile phone
-Bharti Tele Ventures - Airtel introduces
BlackBerry Connect in India
-Bharti Tele Ventures announces agreement
with Vodafone
-Airtel unveils 'free flight' offer
-Airtel unveils starter pack
-Bharti Tele-Ventures launches under sea
cable system
2006
-Airtel unveils Re 1 STD plans
-Airtel launches NetXpert.
-Airtel launches Post2Pre recharging service
on April 04,2006.
-Airtel sets up customer centre
-Mobile service provider Airtel today
announced the launch of `Save My Phone Contact' service for its
pre-paid and post-paid customers in Delhi
-Bharti Tele Ventures bags 'Wireless Service
Provider of the Year' & 'Competitive Service Provider of the
Year' awards
-Sunil Mittal bags CEO of the Year award
-Cellebrum join hands with Airtel
-Airtel Mega unveiled in Coimbatore
-Airtel joins hand with Microsoft
-Bharti Airtel Ltd has informed that
Microsoft and the Company announced a strategic partnership that
will offer a range of software and services for small and medium
businesses (SMBs) in India.
-Bharti Airtel Ltd on Nov 8, announced a
first-of-its-kind alliance with the Adani Group for establishing
an end-to-end modern telecommunication network infrastructure
for the latter's multi-sector special economic zone (SEZ),
located near Mundra Port in Kutch district of Gujarat.
2007
-Bharti Airtel, telecom major, has come out
with a slew of initiatives including buying out SingTel's 50 per
cent stake in joint venture under sea cable company Network i2i
for $110 million.
-Bharti Airtel on Feb 11, has been awarded
QCI-DL Shah National Award on Economics of Quality.
-Bharti Airtel Ltd has announced the
following changes in the operational leadership structure and
roles in the Company effective April 01, 2007.
-Bharti Airtel Ltd on April 01, 2007, has
announced the reduction in International Long Distance Tariffs (ISD)
for all its mobile customers in India.
-Airtel signs agreement with HTC for touch
screen mobile.
2008
- Nokia Siemens Networks on Jan 3 declared
that it has been awarded a multi million euro contract from
Bharti Airtel Ltd for deployment of a single interactive voice
response (IVR) platform across 23 circles. The three-year
turnkey contract comprises designing, planning, systems
integration and optimisation services to raise overall customer
experience. The new IVR solution will enable Airtel to deliver
services such as voice SMS, televoting, call management
services, caller ring back tone and voice portal on a faster
time-to-market basis and, therefore, reduce OPEX costs.
- Bharti Airtel Ltd on February 13, 2008 has
announced that it has achieved the 60 million customer mark.
This landmark has catapulted Bharti Airtel into the club of top
mobile operators in the world in terms of subscriber base. The
60 million customer base covers mobile as well as fixed line and
broadband customers.
- Bharti Airtel tied up with US-based Apple
Inc to bring the popular GSM-based iPhone in the country.
- Bharti Airtel Ltd has forged a technology
alliance with Infosys Technologies Ltd to launch its
Direct-to-Home (DTH) television services. Infosys, through its
digital convergence platform, will offer a suite of products
including devices, application servers and interactive
applications for Airtel's DTH services. |